Nexus Between Globalization, Income Inequality and Human Development in Indonesian Economy: Evidence from Application of Partial and Multiple Wavelet Coherence

Does ICT maturity catalyse economic development? Evidence from a panel data estimation approach in OECD countries

“…These results can be explained by the low level of globalisation associated with trade barriers that prevail in developing economies. In line with these findings, several scholars argued that the direction of the association between economic development and globalisation varies between developed and emerging economies due to the differentiated economic condition ( Atif et al, 2012 , Haseeb et al, 2020 ).…”

“…These advancements can be attributed to relaxation or removal of trade barriers as a part of pro-globalisation measures ( Ulucak et al, 2020 ). However, several studies reported that globalisation has no significant positive effect on economic development ( Haseeb et al, 2020 , Ulucak et al, 2020 ). These results can be explained by the low level of globalisation associated with trade barriers that prevail in developing economies.…”

Bangladesh: Income Inequality and Globalization

“…Cornia (2003) points out that globalization raise the difference in income levels of people in various countries. More than a few research, Anderson (2005); Atif, Srivastav, Sauytbekova, and Arachchige (2012); Haseeb et al (2020); Meschi and Vivarelli (2009); Munira et al (2012); Ogunyomi, Daisi, and Oluwashikemi (2013), etc. looked at the impact of international trade on income discrimination in developing nations.…”

“…looked at the impact of international trade on income discrimination in developing nations. Haseeb et al (2020) found that globalization, in Indonesia's economy, increases income inequality. Figini and Görg (2006) argue the enhanced penetration of FDI deepens the gap between inequalities in developing countries.…”

“…This globalization includes worldwide export, import, and capital flow, remittances, foreign direct investment, migration, foreign aid, and all types of obstacles to trade (Arif et al, 2015;Sifat & Israt, 2011). In recent years, the socio-economic development of each nation has been closely related to globalization (Haseeb, Suryanto, Hartani, & Jermsittiparsert, 2020). Globalization can have a positive effect on expanded production and innovation, emerging technology, promoting financial expansion cheaper imports; nonetheless, it may harm the factors allude above, which could abuse equal benefits and widen income gaps (Hussain, 2011) (Wu, 2012.…”